Politics & the Economy

Podcast: consumer sentiment and the state of polling

PODCAST: Mark Pownall talks to market researcher Kristen Turnbull from CoreData about WA consumer sentiment and impact of Federal Election result on consumer perception/behaviour, as well as the fallout from the failure of the polls to predict the outcome.

Govt ICT project to blow out by more than $23.7m

The Office of the Auditor General has found a project to replace PathWest’s ‘laboratory information system’ is now expected to be two years late and cost nearly double the project’s original $26.8 million budget.

International visitors decline despite record tourist numbers

The number of international tourists visiting Western Australia has hit record levels, but overall international visitors to the state, including students, have declined.

Tough calls make a mountain of difference

The wages of Australian workers could almost double in real terms by 2060, with manufacturing showing the biggest potential, aided by technology adoption and better management practices, according to a new report.

Trade war may spark rare earth opportunity

An exotic mineral once mined Iluka Resources could bring about a resurgence in demand, as US-China tensions persist.

WA Labor backs Setka expulsion

WA Labor’s state executive has backed a motion calling for the expulsion of construction union boss John Setka, albeit by a small margin, and with Premier Mark McGowan using the issue to step up his attack on Maritime Union of Australia boss Christy Cain.

Harvey’s policies rebuffed by business

Business peak groups have slammed newly minted opposition leader Liza Harvey’s policy shifts on public sector wages, privatising Western Power, and retail trading hours.

Local defence ecosystem grows business

SPECIAL REPORT: A strong network has developed in WA to help local businesses gain access to defence opportunities across the country.

Cracks emerge in state pay policy

The public sector union is claiming it has broken the state’s wages policy on the back of a new enterprise agreement offer that includes a range of new entitlements such as an extra holiday, superannuation during unpaid parental leave, and cultural leave for Aboriginal employees.

Changes to WA’s minimum wage leave few satisfied

WA’s Industrial Relations Commission (WAIRC) this morning announced a 2.75 per cent increase to the state minimum wage, provoking criticisms from unions and business groups.

Regulatory changes to support WA sheep farmers

The state government has announced new regulations to help boost lamb exports, which hit a record $306 million in 2018.

Restoring confidence key

OPINION: In WA and on the national stage, the men in charge of the purse strings face challenges of control and confidence.

Liza Harvey new Libs leader

Liza Harvey has been elected unopposed as leader of the Parliamentary Liberal Party in WA with Bill Marmion chosen as her deputy.

Mike Nahan resigns as Liberal leader

Mike Nahan announced at 7pm last night his intention to step down as leader of the Parliamentary Liberal Party, with a view to installing a new leader by the end of this week.

McGowan announces nation’s first automation courses

Premier Mark McGowan announced this morning that South Metropolitan TAFE will begin offering automation courses from semester two, 2019, the first of such nationally recognised qualifications available in Australia.

WA facing gas pressure

With the Environmental Protection Authority starting public consultation today on its greenhouse gas assessments, the state government could do more to provide certainty for investors in WA’s potential gas projects.

Moody’s upgrades WA’s credit rating

Ratings agency Moody's has announced that it will lift Western Australia’s credit rating from Aa2 to Aa1, with the McGowan government's strong control over spending highlighted as a key reason.

WA economy continues to shrink

Western Australia’s domestic economy was the smallest it has been since 2010 in the March quarter, with state final demand just below $50 billion.

RBA cuts rate to record low amid house price slump

The Reserve Bank of Australia has cut the cash rate to 1.25 per cent, a day after CoreLogic data revealed Perth house prices continue to fall more sharply than other state capitals.

Property stress test pressure point

OPINION: The economic pressure simmering away below the surface in many households was a key factor in the surprise federal election outcome.

WA more than paying its way

Recently released numbers show Western Australia’s net contribution to the the federation was a whopping $15.5 billion during the 2018 financial year, while also indicating a long running debate about federal health funding cuts in the state was off the mark.